🚀 BTC Technical Analysis: Key support and resistance battle
Market fluctuations are significant; whether June can break through will affect whether the bull market can continue in the second half of the year. 📈 resistance analysis 1. $105,822.1 Current recent resistance level. If broken, an upward trend may occur. 2. $106,502.9 Today's highest price, short-term bullish target level. After the breakthrough, it may challenge higher psychological levels of $107,000 – $108,000. 3. $110,000 Still a key resistance in the medium to long term. 📉 support analysis 1. $103,961.4 The recent support level marked in the depth chart forms a double bottom with the 24-hour low of $103,666.2. If it breaks, it could accelerate down to $102,000. 2. $103,666.2 Today's lowest price is the short-term turning point between bulls and bears. If it holds, there is hope for a rebound; if it breaks, it will weaken. 3. $100,000 The key defense line further down must be vigilant against panic selling. 🧠 Comprehensive Viewpoint The price is oscillating in the range of 103,666.2–106,502.9 USDT, with a slight decline (-0.23%) shown on the 1-hour chart. DMI Indicator: +DI (22.46) is slightly higher than -DI (23.67), indicating a stalemate between bullish and bearish forces, but ADX (14.14) suggests weak trend strength. This analysis is based on market data interpretation generated by AI technology and is for learning and communication purposes only. It does not constitute any investment advice. Investors should make independent decisions based on their own risk tolerance and ensure proper asset allocation and risk management.
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🚀 BTC Technical Analysis: Key support and resistance battle
Market fluctuations are significant; whether June can break through will affect whether the bull market can continue in the second half of the year.
📈 resistance analysis
1. $105,822.1
Current recent resistance level. If broken, an upward trend may occur.
2. $106,502.9
Today's highest price, short-term bullish target level. After the breakthrough, it may challenge higher psychological levels of $107,000 – $108,000.
3. $110,000
Still a key resistance in the medium to long term.
📉 support analysis
1. $103,961.4
The recent support level marked in the depth chart forms a double bottom with the 24-hour low of $103,666.2. If it breaks, it could accelerate down to $102,000.
2. $103,666.2
Today's lowest price is the short-term turning point between bulls and bears. If it holds, there is hope for a rebound; if it breaks, it will weaken.
3. $100,000
The key defense line further down must be vigilant against panic selling.
🧠 Comprehensive Viewpoint
The price is oscillating in the range of 103,666.2–106,502.9 USDT, with a slight decline (-0.23%) shown on the 1-hour chart.
DMI Indicator: +DI (22.46) is slightly higher than -DI (23.67), indicating a stalemate between bullish and bearish forces, but ADX (14.14) suggests weak trend strength.
This analysis is based on market data interpretation generated by AI technology and is for learning and communication purposes only. It does not constitute any investment advice. Investors should make independent decisions based on their own risk tolerance and ensure proper asset allocation and risk management.